Volkswagen AG

Volkswagen AG engages in the production and sale of passenger cars and light commercial vehicles. The firm also develops vehicles and components for the brands of the group. It operates through following segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment includes the development of vehicles, engines and vehicle software, the production and sale of passenger cars and light commercial vehicles, and the corresponding genuine parts business. The Commercial Vehicles segment covers the development, production, and sale of trucks, and buses, and the corresponding genuine parts business and related services. The Power Engineering segment deals with the development and production of large-bore diesel engines, turbomachinery, and propulsion components business. The Financial Services segment involves dealer and customer financing, leasing, banking, insurance, and fleet management services. The company was founded on May 28, 1937 and is headquartered in Wolfsburg, Germany.

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Volkswagen AG engages in the business of developing vehicles and components for the brands of the group. It operates through the following segments: Passenger Cars and Light Commercial Vehicles; Commercial Vehicles; Power Engineering; and Financial Services. The Passenger Cars and Light Commercial Vehicles segment includes developing vehicles, engines, and vehicle software; producing and selling passenger cars and light commercial vehicles; and the corresponding genuine parts business. The Commercial Vehicles segment focuses on trucks, buses, corresponding genuine parts business, and related services. The Power Engineering segment is involved in large-bore diesel engines, turbomachinery, and propulsion components business. The Financial Services segment provides dealer and customer financing, leasing, banking, insurance, and fleet management services. The company was founded on May 28, 1937 and is headquartered in Wolfsburg, Germany.

Volkswagen will delay the launch of its ID.5 electric car by a month to the first week of May because of disruptions in the supply of wire harnesses from Ukraine, a spokesperson said on Friday.

Lacking wire harnesses from Ukraine, Volkswagen delays ID.5 launch

Lamborghini will launch three hybrid models in the coming years, but it's not planning to phase out its big, loud gas engines just yet.

Lamborghini's CEO explains why the company isn't planning an all-electric supercar

To compensate for the volume losses due to the Russian invasion of Ukraine, Volkswagen has relocated its wire harnesses production units to Romania, Hungary, Tunisia, Morocco, Mexico, and China.

Volkswagen's Push For Battery Electric Vehicles Amid High Indebtedness

Volkswagen's planned battery cell plant in Spain will be located in Sagunto, on the outskirts of Valencia, and will have around 3,000 employees and a production of 40 gigawatt hours (GWh) a year, the carmaker said on Wednesday.

VW says its Spanish battery cell plant will be located near Valencia

Volkswagen's (VWAGY) North American investment of $7.1 billion including ID.Buzz will likely aid its presence in the EV space. Its OTA 3.0 software update's advanced features promise a novel experience.

Volkswagen (VWAGY) to Break Ground with ID.Buzz, OTA 3.0 Software

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Czech carmaker Skoda Auto, part of the Volkswagen Group, said on Tuesday its supply partner in Ukraine had decided to restart production of wire harnesses as the carmaker works through supply bottlenecks.

VW's Skoda says Ukraine supply partner restarting wire harness production

The war in Ukraine and supply bottlenecks will put a significant burden on Skoda Auto's operating business in 2022, the Czech carmaker said on Tuesday, although it expects the supply of semiconductors to improve in the second half of the year.

VW's Skoda sees Ukraine war, supply bottlenecks impacting 2022 operations

Italian luxury sports car brand Lamborghini can easily make up for lost sales from its decision to suspend business in Russia following Moscow's invasion of Ukraine, Chief Executive Stephan Winkelmann said on Monday.

Lamborghini can absorb lost sales in Russia through other markets -CEO

Volkswagen's (VWAGY) Porsche sets an ambitious target of generating half of its sales from EVs by 2025.

Volkswagen's (VWAGY) Porsche Lays Out Ambitious EV Targets

Volkswagen AG plans to invest $7.1 billion over the next five years in North America and add 25 new electric vehicles there by 2030, a top executive said on Monday.

VW to invest $7.1 billion, add 25 new electric vehicles in North America

Volkswagen Group China said on Monday it intends to form joint ventures with Huayou Cobalt and Tsingshan Group to further strengthen its position in the battery supply chain and its competitiveness in China's e-mobility industry.

Volkswagen China says will form ventures with Huayou Cobalt, Tsingshan Group

A wiring issue with some Volkswagen Atlas SUVs may cause airbags to deploy late, windows to roll down on their own and brakes to engage inadvertently.

Volkswagen recalls 246,000 Atlas SUVs due to issue with airbags, brakes

Traton Group, which now includes Navistar International, is upsizing its planned spending on battery-electric trucks to nearly $3 billion between now and 2026 and says some applications of hydrogen-powered fuel cells might make sense, a softening of its batteries-only stance. Traton, the truck holding company of German automaker Volkswagen AG, said this week it was increasing by 1 billion euros ($1.1 billion) its planned spending on electrification from a previously announced 1.6 billion euros ($1.77 billion).

Navistar owner Traton upsizes electrification spend to nearly $3B by 2026

Volkswagen is recalling more than 246,000 SUVs in the US and Canada because faulty wiring harnesses can make them brake unexpectedly, sometimes while in traffic.

Volkswagen recalls 246,000 Atlas SUVs due to unexpected braking

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iPhone, iPad… iPorsche?  Executives from Porsche have traveled to the US to discuss possible joint projects with Apple, the automaker's CEO said on Friday at an event where he also detailed the company's electric vehicle plans.

Porsche says it's talking to Apple about joint projects, reveals new hybrid 911

Escalating supply chain concerns and the shortage of wire harness amid geopolitical conflict between Russia and Ukraine have thrown Volkswagen's (VWAGY) 2022 outlook into question.

Volkswagen (VWAGY) 2022 View Clouded Amid Ukraine Crisis

Porsche has upped its target for electric sales to 80% by 2030 after buoyant sales over the past twelve months while confirming plans for an IPO and possibly later this year.

Porsche sports cars sales to be 80% electric by 2030

Volkswagen is recalling 223,000 Atlas and Atlas Cross Sport SUVs due to a wiring harness issue that can lead to phantom braking and airbag failure.

Volkswagen recalling 223,000 SUVs for braking and airbag problems

Volkswagen has joined a group that sets environmental and social standards in mining as the world's No.2 carmaker steps up efforts ensure its raw materials are sustainable, especially in electric vehicles (EVs).

Volkswagen joins sustainable mining initiative to boost scrutiny

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S&P Global Mobility on Wednesday downgraded its 2022 and 2023 global light vehicle production forecast in the latest update by 2.6 million units for both years

Russia's invasion of Ukraine will lower car production by millions of units over two years, S&P says

After remaining on a free fall since mid-January 2022, Volkswagen Group stock (ETR:VOW) may have found a bottom at $186. The stock rose more than 5% on Wednesday after the automaker projected higher sales revenue, return on sales and operating profit in 2022.

Volkswagen jumps after forecasting earnings' growth in 2022. Is $255 the next target?

BERLIN (Reuters) -Volkswagen Group China said on Wednesday it would as a precautionary measure pause production for another day in Changchun due to COVID cases, but would resume production in Shanghai on Thursday after a 48 hour suspension.

Volkswagen keeps Changchun factory shut on Thursday, Shanghai to reopen

Volkswagen Group (XETRA:VOW) said its electric vehicle business was turning a profit much quicker than expected as it held its annual meeting yesterday. The automaker told the press that many of its electric car models, including the Porsche Taycan, had sold out through the end of 2022.

Volkswagen turning EV profit quicker than expected - CFO

German carmaker Volkswagen said on Wednesday that deliveries of its core brand dropped by 8% to 4.9 million vehicles last year, and it was reluctant to make forecasts for 2022.

News for Volkswagen AG Stock (VWAGY)